this post was submitted on 20 Feb 2026
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[–] hector@lemmy.today 2 points 1 month ago

The IMF is perhaps the worst of these organizations, along with the WTO, all countries should disown them and withdraw from their organizations. The imf has screwed a lot of countries, forced cutting pensions and agriculture subsidies because their lawmakers borrowed money and the country couldn't pay it back. Like Haiti, ending subsidies on imf insistance and then couldn't feed themselves, had to end subsidies for cooking fuel and the trees were all cut for cooking fuel and the like. It cost them way more, all so investors didn't lose their money. The people of those countries shouldn't have to lose their benefits because crooked lawmakers borrowed money they couldn't repay.